Power Minerals Limited

Power Minerals Ltd, based in Birmingham, UK, is a small, active company established sixteen years ago. Employing fifteen people, it holds assets worth £2,927,928 and generates a substantial £13,184,638 in yearly revenue. With a real address, two directors, and one owner, it boasts a perfect 5.0 Google rating based on two reviews. The company regularly imports machinery, boilers, and mechanical appliances, with its last import operation occurring four months ago.

The company’s website reveals a fascinating specialization: sourcing and supplying ash products from UK power stations. Owned by EP Power Minerals GmbH, Power Minerals Ltd positions itself as a leader in transforming ash byproducts into valuable resources for the construction, housing, and infrastructure sectors. They even pioneered the Orbolite division, creating cenospheres—lightweight additives used in diverse applications from oil production to resins—and a Biolite Technologies division recycling power and water industry byproducts into agriproducts. The website highlights partnerships with major players like Centrum Pile Ltd and boasts awards for its sustainable practices.

Financially, Power Minerals Ltd presents a mixed picture. While turnover decreased by 26% to £13 million, indicating a slowdown in sales, fixed assets increased by 84% to £330,000, suggesting investment in equipment. However, cash bank on hand fell by a significant 31% to £810,000, and net assets plummeted 87% to just £64,000. Creditors also decreased, which is a positive sign. The company’s small size (meeting two of three criteria for being a small company) allows for flexibility, but the substantial drop in equity raises concerns. The unaudited figures, prepared by Haines Watts, rely on director-reported data. It seems the company is facing some financial pressures, but its innovative approach to resource management and strong industry partnerships may help it navigate these challenges.

Registered in England/Wales under the registration number 06715071, with a registered address at B72 1QY, Birmingham, West Midlands, Wrens Court 46 South Parade, Sutton Coldfield.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.